Stakeholders & Corporate Social Responsibility Flashcards
1
Q
Mendelow Matrix
A
High Keep Key
Satisfied Player
Power
Minimal Keep
Low Effort Informed
Low Interest High
2
Q
<IR> Six Capitals
</IR>
A
Social
Human
Intellectual
Natural
Financial
Manufactured
3
Q
Reasons for <IR></IR>
A
Adds long-term value
Enticing investors
Impact of non-financial on financial
4
Q
Agency Theory
A
Principal (shareholders) – self-interest threat
Agents (directors, co.’s EEs) – self-interest threat, information asymmetry – fiduciary duty
5
Q
CSR
A
Corporate social responsibility: an organisation’s concern for its impact on society